Plus More: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Plus More
Largest movements
- Cash -€19,605
down €19,605 (-39.1%), from €50,084 to €30,479
mainly Other debts (-€33,021) and Tax, wage and social debts (-€8,983)
- Receivables within one year -€11,188
down €11,188 (-43.7%), from €25,603 to €14,415
of which Trade receivables: -€18,462
- Intangible fixed assets +€1,291
up €1,291 (+63.6%), from €2,029 to €3,320
- Deferred charges and accrued income -€929
no longer reported in 2025 (was €929)
- Other debts -€33,021
down €33,021 (-90.5%), from €36,503 to €3,482
- Reserves +€9,313
up €9,313 (+42.5%), from €21,898 to €31,212
- Tax, wage and social debts -€8,983
no longer reported in 2025 (was €8,983)
- Trade debts +€2,258
up €2,258 (+752.6%), from €300 to €2,558
- Write-downs +€5,456
new in 2025: €5,456
- Taxes -€1,726
down €1,726 (-43.2%), from €3,997 to €2,271
- Gross operating margin -€1,550
down €1,550 (-7.4%), from €20,841 to €19,291
- Financial charges +€968
up €968 (+1638.4%), from €59 to €1,027
- Depreciation +€738
up €738 (+1717.6%), from €43 to €781
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,750 | €48,319 | -€30,431 | -38.6% |
| Fixed assets | 21/28 | €2,134 | €3,425 | +€1,291 | +60.5% |
| Intangible fixed assets | 21 | €2,029 | €3,320 | +€1,291 | +63.6% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €76,616 | €44,894 | -€31,723 | -41.4% |
| Amounts receivable within one year | 40/41 | €25,603 | €14,415 | -€11,188 | -43.7% |
| Trade receivables | 40 | €25,603 | €7,142 | -€18,462 | -72.1% |
| Other amounts receivable | 41 | - | €7,273 | +€7,273 | |
| Cash at bank and in hand | 54/58 | €50,084 | €30,479 | -€19,605 | -39.1% |
| Deferred charges and accrued income | 490/1 | €929 | - | -€929 | |
| Total equity and liabilities | 10/49 | €78,750 | €48,319 | -€30,431 | -38.6% |
| Equity | 10/15 | €31,898 | €41,212 | +€9,313 | +29.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €21,898 | €31,212 | +€9,313 | +42.5% |
| Distributable reserves | 133 | €21,898 | €31,212 | +€9,313 | +42.5% |
| Amounts payable | 17/49 | €46,852 | €7,107 | -€39,745 | -84.8% |
| Amounts payable within one year | 42/48 | €45,786 | €6,040 | -€39,746 | -86.8% |
| Trade debts | 44 | €300 | €2,558 | +€2,258 | +752.6% |
| Suppliers | 440/4 | €300 | €2,558 | +€2,258 | +752.6% |
| Taxes, remuneration and social security | 45 | €8,983 | - | -€8,983 | |
| Taxes | 450/3 | €8,983 | - | -€8,983 | |
| Other amounts payable | 47/48 | €36,503 | €3,482 | -€33,021 | -90.5% |
| Accrued charges and deferred income | 492/3 | €1,066 | €1,067 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43 | €781 | +€738 | +1717.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,456 | +€5,456 | |
| Other operating charges | 640/8 | €587 | €443 | -€144 | -24.5% |
| Gross operating margin | 9900 | €20,841 | €19,291 | -€1,550 | -7.4% |
| Operating profit (loss) | 9901 | €20,212 | €12,612 | -€7,600 | -37.6% |
| Financial charges | 65/66B | €59 | €1,027 | +€968 | +1638.4% |
| Recurring financial charges | 65 | €59 | €1,027 | +€968 | +1638.4% |
| Profit (loss) for the period before taxes | 9903 | €20,153 | €11,585 | -€8,568 | -42.5% |
| Income taxes | 67/77 | €3,997 | €2,271 | -€1,726 | -43.2% |
| Profit (loss) for the period | 9904 | €16,155 | €9,313 | -€6,842 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,155 | €9,313 | -€6,842 | -42.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.